Swanson Reed has formed a new service offering in partnership to support innovative firms in Australia.

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Swanson Reed (https://swansonreed.com.au), a nationwide provider of specialist R&D tax services and Rocking Horse, a R&D financing firm, have announced a new strategic partnership. The partnership will combine Swanson Reed’s expertise in the R&D Tax Incentive with Rocking Horse’s funding model to deliver cash-flow solutions to innovative firms.

The partnership provides Swanson Reed customers undertaking R&D projects to receive the benefits of the AusIndustry R&D cash rebates prior to receipt from the Government. This means that companies can access their R&D Rebates early, allowing businesses to fast-track their access to cash flow and further support their R&D Activities.

“We are proud to partner with Rocking Horse,” said Damian Smyth, chief executive of Swanson Reed. “Swanson Reed receives absolutely NO financial incentive or commission from our clients’ financing of R&D Entitlements. This independence means we are best placed to refer only the most suitable finance professionals for our clients’ particular needs.”

This non-dilutive, prepayment funding service helps claimants to place additional resources into their R&D activities, advance development or commercialisation plans; provide greater clarity on the timing of R&D entitlements; and suspend or evade the need for capital raising.

Swanson Reed is an experienced team of accountants, consultants, engineers and technical specialists. Our team have a wealth of knowledge and experience on the entire process of claiming the R&D Tax Incentive and are 100% independent and Australian-owned.